Barratt have offered us a good p.ex price on our place against a new house.They have also offered to pay the stamp duty of the new house. Following these offers we complete a reservation agreement and paid a deposit.
We are buying through the Newbuy scheme and the mortgage is via Santander. My financial advisor (Barratt appointed) has today told me that Santander will not accept any incentives (i.e. stamp duty paid).
The Barratt office is now closed until Wednesday, obviously they've made a mistake.
What are the chances of Barratt adding on the stamp duty to our p/ex offer or deducting it from the sale price?
Do they get a financial benefit offering the incentive as they have, or is it going to be a simple fix come Wednesday? To me it's the same money either way?
New house price: 224k
Px offer: 75k
Stamp duty paid: 2.24k
We are buying through the Newbuy scheme and the mortgage is via Santander. My financial advisor (Barratt appointed) has today told me that Santander will not accept any incentives (i.e. stamp duty paid).
The Barratt office is now closed until Wednesday, obviously they've made a mistake.
What are the chances of Barratt adding on the stamp duty to our p/ex offer or deducting it from the sale price?
Do they get a financial benefit offering the incentive as they have, or is it going to be a simple fix come Wednesday? To me it's the same money either way?
New house price: 224k
Px offer: 75k
Stamp duty paid: 2.24k